Triumph International, one of the world's largest underwear manufacturers, recently opened a voluntary lay-off mechanism to its employees. According to reports, Triumph International's core brands run by Triumph (Triumph), Sloggi, Valisère and HOM, the products are exported to over 120 countries. The voluntary demobilization of the number of employees accounted for its British Swindon factory 283 jobs 7%. In addition the company also plans to suspend recruitment and related payments. The 20 employees who volunteered to be demobilized may also be scheduled to work part-time. The company said it is offering severance pay this time based on "exceeding industry standards" specifications.
According to a statement, although the demobilization is a "difficult decision," the group will do its utmost to minimize the damage done to employees. The underwear giants spokesman said, "This is a very responsive business conditions under the long-term perspective of the company to examine the cost and operating conditions, so we must maintain market efficiency and strength of our measures are In order to avoid actual layoffs, Triumph continues to move forward with greater potential than many other companies, backed by the company's fine traditions and product value. "
It is reported that Triumph International currently has 43,000 employees worldwide, last year's turnover of 2.5 billion Swiss francs.